The reporter of Shanghai Securities News learned that China Insurance Asset Management Association released the survey report on China’s pension wealth reserve (2021) on February 10. It is suggested to promote the people’s pension wealth reserve from the aspects of improving the top-level design, promoting pension financial education and accelerating the supply of pension financial products and services.
The report shows that in terms of the perfection of pension planning, more than half of the respondents (about 52%) have the awareness of retirement planning, but have not made specific plans yet. There are few actual actors, about 27%, and only 4% have complete planning. Another 21% of respondents never thought about retirement planning. Compared with retired personnel, the awareness of retirement planning of non retired personnel needs to be strengthened, and the ability to turn awareness into action needs to be improved as a whole.
From the perspective of different age groups, the younger the respondents, the more important it is to plan for old-age pension in advance; The older the respondents, the more they think it is appropriate to postpone pension planning. Among them, 38% of the respondents over the age of 50 believe that it is appropriate to plan for pension after the age of 50.
The report shows that no matter which age group of respondents, a certain proportion choose to start planning for the elderly “before the current age group”, which reflects the mentality of “catching early” in the elderly care planning. In particular, 62% of the respondents over the age of 50 believe that it is better to start planning for the elderly before the age of 50, and have the idea of “a little regret” for their late actual planning.
It is understood that in 2021, China Insurance Asset Management Association launched the pension financial education activity of “all the people talking about pension”. In 2022, relying on the industry pension management professional committee and the China pension finance 50 people forum, China Insurance Asset Management Association will continue to deeply cultivate the activity of “all the people talking about pension” in the field of pension financial education, unite the strength of the industry and improve the public’s awareness of pension, Promote the development of pension financial market.
The report suggests starting from the following aspects: first, speed up the improvement of the top-level design of policies, and strengthen the Pension Reserve by “expanding capacity and expanding areas”. For example, accelerate the improvement of the top-level design of the pension financial system, clarify the connotation of pension financial products, and promote the coordination of pension financial supporting policies and mechanisms; Gradually build an information platform for “multi-level and multi pillar endowment insurance system”.
Second, accelerate the financial education for the elderly, and improve people’s awareness of elderly care planning and risk prevention ability. Pension financial education needs to unite the forces of all sectors of society. Regulatory authorities, industry associations and pension financial service institutions can jointly promote pension financial education. Innovatively design and carry out pension finance education activities in simple terms, standardize pension finance publicity standards and requirements, and avoid misleading sales of pension products and services.
Third, accelerate the supply of pension financial products and services to meet the public’s multi-level pension needs. For example, design product forms and innovate product categories guided by pension needs; Establish a feedback and evaluation mechanism for elderly care services and strengthen self-discipline management; Innovate service forms and adapt to the “open and interactive” pension planning of the younger generation.
Fourth, accelerate the improvement of elderly care service level and create an “aging friendly” atmosphere. In combination with the living habits of the elderly, fully consider the needs of the elderly in public places such as education, culture, medical treatment, fitness and communication, daily electronic communication equipment and means of transportation; Support and expand the supply of educational resources for the elderly, and create an environment for the elderly to have something to do and support; Learn from and learn from the world’s advanced experience and measures in pension financial education and pension wealth reserve.
